Pennsylvania
Englewood Completes Goose Island Cannabis Dispensary
Englewood Construction was recently awarded two cannabis dispensaries in the Chicago area for Chicago-based Windy City Cannabis. One of these opened… Read more
Are Large Financing Transactions Back?
By Paul Bubny Last month, SL Green Realty Corp. closed on a $510-million mortgage financing that was secured by 220… Read more
JLL Team Markets East Village Redevelopment Opportunity
JLL Capital Markets was selected by The Bowery Mission to market a mixed-use redevelopment opportunity at 45-51 Avenue D in the East… Read more
New York Joins Multi-State Pact to Ramp Up Market for Electric Buses and Trucks
New York, along with 14 other states and the District of Columbia, will develop an action plan to ramp up electrification of… Read more
SRS Arranges $4M Ground Lease Sale of Retail Property in Virginia
SRS Real Estate Partners’ National Net Lease Group has arranged the $3.9 million ground lease sale of a single-tenant retail… Read more
Alterra Garners $120M Financing for Philly MXU
Lionheart Strategic Management and Bank OZK closed on a $120-million loan to Alterra Group. The financing will be used to… Read more
Golden Gate Capital Acquires Mt. Laurel Portfolio
CBRE arranged the sale of the six-building Greentree North Corporate Center and 1001 Briggs Rd. in Cambridge Crossing, totaling 244,000… Read more
Independence Blue Cross Acquires Philly HQ for $360M
CBRE arranged the sale of 1901 Market St., the headquarters of Independence Blue Cross in Center City Philadelphia. Independence acquired… Read more
Hilco Acquires 1,300-Acre Refinery Site in Philadelphia
Hilco Redevelopment Partners (HRP) completed its $225.5-million purchase of the 1,300-acre former Philadelphia Energy Solutions (PES) refinery in Southwest Philadelphia.… Read more
Biologics Tenant Leases Full Building in Cranbury
JLL completed a 10-year lease transaction for WuXi Biologics at 7 Clarke Dr. in Cranbury, NJ, with building owner Cedar… Read more
GNC Files for Chapter 11, Plans Sale of Company
Pittsburgh-based GNC Holdings said late Tuesday it had filed for Chapter 11 protection, with plans to sell itself for at… Read more
OTP Eyes 2023 Delivery on Philly Office Tower
Oliver Tyrone Pulver Corporation (OTP) will develop a new office tower at 1301 Market Street, adjacent to City Hall in Philadelphia.… Read more
Logistics Facility Trades in PA’s I-78/I-81 Corridor
CBRE today announced the sale of LogistiCenter at 33, a 475,800-square-foot e-commerce facility in Easton, PA. Michael Hines, Brad Ruppel,… Read more
Scout Capital Adds South Jersey Cold Storage Hub
Florida-based Scout Capital Partners has engaged Colliers International’s Food Advisory Services team to spearhead leasing at Scout Cold Logistics Center… Read more
CBRE Global Investors Snags 550K-SF Cold Storage Facility in Maryland
A fund sponsored by CBRE Global Investors has acquired the Principio Commerce Center II, a 550,050-square-foot cold storage and distribution… Read more
Avison Team Arranges Midtown Space for Cozen O’Connor
Avison Young arranged a 10-year, 7,100-square-foot lease at SL Green Realty Corp.’s 100 Park Ave. for Cozen O’Connor. The law… Read more
Berkadia Lines Up $661M in Freddie Mac Debt on 4-State Portfolio
Berkadia recently closed on a $661-million financing for a 22-property, 4,670-unit apartment portfolio on behalf of Pennsylvania-based Morgan Properties. TJ Piper… Read more
CBRE Duo Will Spearhead Expansion Program for AAMCO
AAMCO Transmissions and Total Car Care has retained CBRE to create and execute an expansion program throughout the country. CBRE’s… Read more
Zoom Expanding in Phoenix to Meet COVID-19 Demand
San Jose, CA-based Zoom Video Communications Inc. plans to open a new research and development center in Phoenix. The videoconferencing… Read more